Formed by many years of natural erosion, Point Loma is located on a spectacular four-mile peninsula encompassing the entrance to the San Diego Bay on the southern coast of California. Bounded on the west as far as the eye can see by the Pacific Ocean and on the east by the sparkling San Diego Bay, Point Loma boasts views of breathtaking skylines and endless blue sea as far down the coast as Mexico. (more)
The neighborhoods of Point Loma include: Fleetridge, Wooded Acres, Woods, La Playa, Roseville, Loma Portal, Ocean Beach, Sunset Cliffs, Midway District, La Playa, College Area, and Centraloma. Situated near the heart of the city, Point Loma offers residents the amenities and conveniences of urban living while enjoying a relaxed, suburban coastal lifestyle. Real estate in Point Loma consists of single-family homes and estates with spectacular views.
The community's 18,000 residents enjoy quite a number of recreational opportunities. With the availability of the ocean, water sports and leisure activities abound. The nearby San Diego Yacht Club hosts the America's Cup competition, known as the oldest and most prestigious competitive sailing race. Whale watching, boating and fishing are also popular local pastimes. Catch a sunset, take in a show, shop 'til you drop, explore the tide pools?there is plenty to do in Point!
Point Loma Real Estate Market
Thanks to Point Loma's naturally hilly terrain, many of its homes have exquisite skyline or ocean views. Some houses even overlook both! Lovely bay or canyon views are common and very desirable. This area has a diverse assortment of residential styles. The majority of the peninsula's homes are detached single-family residences built sometime between 1950 and 1980, but many date back to the '20s and '30s, which calls for an eclectic mix of architectural styles co-existing in harmony along the magical landscape of Point Loma. (more)
Homes in Point Loma tend to be large and unique. Beginning at around $670,000 and ranging to approximately $900,000 with multi-million dollar estates available as well, the price range is as widely varied as the homes themselves. Townhomes and condominiums are also available in Point Loma with prices ranging between $200,000 and $675,000. Whatever your requirements, your dream home is attainable in Point Loma.
Point Loma Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $1,328,250 compared to $1,328,250 the previous week, to remain steady with no change in listing price. For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.